Severance Agreement Template California

You can open the Severance Agreement Template California in multiple formats, including PDF, Word, and Google Docs.


Sample

Severance Agreement Template California

Printable | Editable Form




Severance Agreement Template California (1)
Between:
[Employee Name]
[Employee ID]
[Employee Address]
[Employee Phone]
[Employee Email]
And:
[Company Name]
[Company ID]
[Company Address]
Introduction:
This Severance Agreement is made effective as of [Effective Date], outlining the terms and conditions under which the Employee will receive severance benefits following the termination of their employment.
Clause 1: Termination Date
The Employee’s employment with the Company will end on [Termination Date].
Clause 2: Severance Payment
The Company agrees to pay the Employee a severance amount of [Amount], to be paid in accordance with the following schedule: [Specify terms].
Clause 3: Benefits
The Employee will continue to receive certain benefits, including [List specific benefits], until [Specify end date].
Clause 4: Release of Claims
In consideration of the severance payment, the Employee agrees to release the Company from any claims related to their employment or termination.
Clause 5: Confidentiality
The Employee agrees to maintain confidentiality regarding the terms of this agreement and any proprietary information obtained during their employment.
Clause 6: Governing Law
This agreement shall be governed by the laws of the State of California.
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Company Representative]
[Name of the Company Representative]
Severance Agreement Template California (2)
Between:
[Employee Name]
[Employee ID]
[Employee Address]
[Employee Phone]
[Employee Email]
And:
[Company Name]
[Company ID]
[Company Address]
Introduction:
This Severance Agreement is intended to set forth the terms regarding the severance benefits to be provided to the Employee as a result of their termination on or about [Termination Date].
Clause 1: Acknowledgment of Termination
The Employee acknowledges the termination of employment effective [Termination Date].
Clause 2: Severance Amount
The Employee will receive a severance pay equal to [Amount], payable in [Specify payment terms].
Clause 3: Health Insurance Continuation
The Employee is entitled to continuation of health insurance benefits for [Specify duration], in accordance with COBRA laws.
Clause 4: Non-Disparagement
Both parties agree to refrain from disparaging each other in any communications.
Clause 5: Conditions of Agreement
This agreement is contingent upon the Employee’s compliance with all terms stated herein.
Clause 6: Severability
If any provision of this agreement is found to be unenforceable, the remaining provisions shall remain in effect.
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Company Representative]
[Name of the Company Representative]

Form

Please complete the form below to create the Severance Agreement Template California. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Severance Agreement Template California

1. Employee Information


2. Employer Information


3. Agreement Details


4. Release of Claims

5. Confidentiality Agreement

6. Non-Compete Agreement

7. Governing Law

8. Acknowledgment of Understanding

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Severance Agreement Template California

Printable | Editable Form




Severance Agreement Template California